PETALING JAYA: Malaysia’s Industrial Production Index (IPI) expanded 1.7% year-on-year (yoy) in February 2019, supported by the growth in the electricity and manufacturing segments, according to the Department of Statistics.
The manufacturing sector index rose 3.7% in February 2019 as compared with February 2018 after recording an increase of 4.2% in January 2019.
The major sub-sectors contributing to the increase in February 2019 were food, beverages and tobacco products (6.3%); non-metallic mineral products, basic metal and fabricated metal products (4.6%); and electrical and electronics products (3.1%).
The electricity sector index grew 4.9% yoy in February 2019.
However, the mining sector index recorded a decline of 5% in February 2019 as compared to the same period of the previous year, due to the decrease in the natural gas index (-5.6%) and crude oil index (-4.3%).
